FRANKFURT (Reuters) – Euro zone households increased their inflation expectations in November, a European Central Bank poll showed on Tuesday.
The median respondent in the ECB’s Consumer Expectations Survey expected prices to grow by 2.6% over the following 12 months in November, from 2.5% in October — marking the second increase in a row.
The expectation for three years ahead was raised to 2.4% — the highest level since July — from 2.1%.
(This story has been corrected to fix the inflation expectations for next 12 months in paragraph 2)
